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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsYum brand suspending operations of its 70 KFC company-owned restaurants in Russia
Yum also said it was suspending operations of its 70 KFC company-owned restaurants in the country and finalizing an agreement to suspend all Pizza Hut restaurant operations in Russia, in partnership with its master franchisee.
Yum, which has at least 1,000 KFC and 50 Pizza Hut locations in Russia that are nearly all independent franchisees, said in a post on its website dated Monday that it had suspended all investment and restaurant development in Russia while we continue to assess additional options.
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RockRaven
(14,899 posts)McDonald's skipped out.
Oh, I'm sure it was very complicated, and they've been working on it the entire time...
yaesu
(8,020 posts)They have shareholders who will & can sue if company does anything detrimental to profits & there are contract obligations for franchises, its a mess I'm glad I don't have to deal with.
Response to yaesu (Reply #3)
Mary in S. Carolina This message was self-deleted by its author.
ZonkerHarris
(24,207 posts)left-of-center2012
(34,195 posts)So, YUM brand does not own them ?
Will they just stop supplying them,
or what ?